How long is Biden going to keep spending our money?

[DARKCLOUD1945X]

How does spending hundreds of billions of dollars on everything not needed and say he is controlling inflation. The last time I looked if you spend money, you do not have it causes taxes to rise because you have to replace money already spent. But then we are dealing with AMERICA LAST Biden

[Soteris]

This is just stupid. First of all, spending money like that has nothing really to do with inflation and in fact could even help lower it. The main way you control inflation is through interest rates.

But that is not the dumbest part. There is a simple set of logic that tells you what to do in certain situations. For example, if the economy is booming and you are doing well economically then you should use that money to repay debts and save up. When the economy is crashing is the part where you borrow money and spend as much as you can even at the expense of raising the debt much higher.

The economy is a hungry beast and you need to spend your way out of a bad economic situation so unless you are telling me that the economy is doing amazing I fail to see why Biden should not spend money like his life depends on it because for USA that might very well be true.

[DARKCLOUD1945X]

The only problem is only a select part of the population is going to get the benefits of his wild spending. the general population pays. The quickest way out of this is if reverses all of his economy busting hair brained mandate and close our border to the south, we cannot keep supporting on the average of one million illegal unvetted unvaccinated unemployed people a month

[Soteris]

First of all, USA literally can't close its southern border. Secondly it would not work as most of the illegal immigrants enter the country legally and then overstays at which point the border would be completely useless. Thirdly spending money on illegal immigrants would probably be the most efficient way to spend your country out of economic recession because they are unlikely to hold on to any of that money and instead spend it in local businesses buying food, clothes, tvs or whatever and therefore kickstart the economy.

At the end of the day he needs to spend more money and the more poor people get it the better because they are the foundation of the economic activity of the country and the first step to getting the ball rolling again.

[normalice]

You people had 4 years to show you cared about reckless spending. You failed as entirely as it is possible to fail. You didn't care then. Youndont care now. You just want to complain. And so there is no reason to assume you are being honest about what's going on.

[Dargil]

Biden, like Adolf Hitler, wants to dismantle this country before he dies or leaves office. Hitler's policy was called Scorched Earth. Every day, he works in that direction.

[FunkyMonkee]

Because we, as accorded by 2nd Amendment, have not yet ousted that fuckwit at least a year ago, for SOME unknown reason!!

[mike5150]

He is an idiot. Its like running up credit card debt and then asking for loans to pay them off.

[EnglishEuropean]

You can say what you like about Biden. Go ahead, you know you want to.

The last President to balance the budget was Bill Clinton.

[exitseven]

Probably until he end of the year.

[Iron_Man]

Until his term is up